Francesco Pecoraro/Getty Images

• New York Governor Andrew Cuomo on Saturday said at least three children have died in New York from a rare condition that's being linked to the coronavirus.
• The illness, called "pediatric multisystem inflammatory syndrome" has symptoms similar to the Kawasaki disease and toxic-shock syndrome, including fever, rash, stomach pain, diarrhea, and vomiting.
• Children in at least six European countries have also come down with similar symptoms recently.
• Visit Business Insider's homepage for more stories.

Three children who had COVID-19 in New York are dead, after they developed rare heart issues that may be linked to the novel coronavirus. 

"The illness has taken the lives of three young New Yorkers," Governor Cuomo said at a news conference on Saturday. All three kids were under 10 years old. 

See the rest of the story at Business Insider

See Also:

• The US military is barring anyone who was hospitalized due to COVID-19 from enlisting
• Almost 12,000 meatpacking and food plant workers have reportedly contracted COVID-19. At least 48 have died.
• New York's coronavirus outbreak was a 'primary gateway' for the disease's spread around the US, a researcher says

Meeting planning in the face of COVID-19 can be very stressful. None of us are in control and no one can predict what is going to happen moving forward. The most important thing is to be patient. Do not make rash decisions, weigh all of your options and contact NECA National Staff if you need absolutely anything. If you can, try and look at meetings 30 days at a time because the news is changing daily and this can make a difference with your contract clauses.

The Chief Executive Officer of the National Electrical Contractors Association, David Long, issued a statement on being named to the Great American Economic Revival Industry Group for Construction/Labor/Workforce.

Manufacturing companies that sell equipment to the federal government or government contractors could be eligible for a tremendous tax benefit. The opportunity can help reduce sales/use taxes paid for consumables purchased in support of such government contracts.
The federal government… Read More

The post How Manufacturers Can Save on Sales/Use Tax for Government Contracts appeared first on Anders CPAs.

Working within a tight budget can cause some not-for-profit organizations to neglect their financial reporting. Office managers may be assigned to do the bookkeeping, but don’t have the time or expertise to do the technical accounting. Having accounting and financial… Read More

The post How Not-for-Profits Can Focus on the Mission, Not the Financials appeared first on Anders CPAs.

Many not-for-profits organizations have been concerned about the taxability of parking and transportation benefits as a result of the Tax Cuts and Jobs Act. Fortunately, the IRS recently issued interim guidance around the treatment of these benefits incurred after December… Read More

The post How Not-for-Profits Can Take Advantage of New Guidance on Taxable Parking Benefits by March 31, 2019 appeared first on Anders CPAs.

Switch hardware and software continues to deliver the goods for Nintendo, which reported an increase in both sales and profits during the fiscal year ended March 31, 2020. ...

Donald Trump took office 977 days ago, and it has been exhausting. Independent of where you are politically, I think we can all agree that the news cycle coming out of Washington DC has been very intense for anyone who has been paying attention at all. One of the reasons for the fervor is Trump’s role as a very norm breaking president. If you like him, that’s why you like him, if you hate him, that’s why you hate him. But my reaction to all this, was that I realized I didn’t really know what all the norms and rules are, so I wanted to create for myself a Constitutional Law class and the syllabus would be determined by Trump’s tweets. This is where my friend, neighbor and brains behind this operation, Elizabeth Joh, comes in. She is a professor at the UC  Davis school of law and she teaches Con Law. And since June of 2017, she has been kind enough to hang out with me and teach me lessons about the US Constitution, that I then record and release as the podcast What Trump Can Teach us About Con Law. We call it Trump Con Law for short.

After a long hiatus, we’re back with monthly episodes, so I wanted to reintroduce it to the 99pi audience because you may not know about it and because people often comment that the nature of the calm historically grounded, educational discussion is a soothing salve amidst the chaotic and unnerving political news of the day.

We’re presenting two classic episodes on Impeachment and Prosecuting a President.

Subscribe to What Trump Can Teach Us About Con Law on Apple Podcasts and RadioPublic

In order to prevent the spread of COVID-19, September's Tokyo Game Show 2020 has been cancelled, organizers announced Thursday. ...

Sponsored Post With so many companies trying to one-up each other on desirable employment packages, what's the best employee benefit? Here's our choice.

With the inundation of big data, enterprises are constantly on the prowl for advanced solutions such as AI-based cognitive search platforms that significantly help cut down on time and cost

The time is right to focus on the role of virtual agents in improving customers' service experiences

The health care industry is one of the biggest targets for cybersecurity attacks. In 2018 alone, nearly 300 data breaches affected 11.5 million patients, according to a Bitglass report. Cybercriminals see health care organizations as the perfect victim due to… Read More

The post Data Breaches in Hospitals are on the Rise – How Health Care Organizations Can Prevent Cybersecurity Attacks appeared first on Anders CPAs.

Business owners, whether they are owners of startup businesses or mature businesses, are always thinking about how to enhance their company’s value. Startups are particularly focused on the value of their company for capital raising purposes. One advantage a startup… Read More

The post Ten Ways a Startup Can Enhance Its Value appeared first on Anders CPAs.

In order to prevent the spread of COVID-19, September's Tokyo Game Show 2020 has been cancelled, organizers announced Thursday. ...

The Qualified Business Income (QBI) Deduction has been a popular incentive for businesses and their owners following the Tax Cuts and Jobs Act. One question that many people ask is, can the QBI deduction be used for trusts? We’ve been… Read More

The post Can You Use the QBI Deduction for a Trust? appeared first on Anders CPAs.

Good news came for taxpayers with large estates when the Tax Cuts and Jobs Act (TCJA) was passed. The TCJA doubled the estate and gift tax lifetime exemption, from $5.49 million per taxpayer to $11.18 million per taxpayer. For 2019,… Read More

The post How Portability Can be a Valuable Estate Planning Tax Strategy appeared first on Anders CPAs.

When planning for social security distributions, a common question we hear from retirees is, can I provide a portion of my social security benefits to my child or grandchild? The answer is yes, but there are stipulations. Below are a… Read More

The post Can I Transfer My Social Security Benefits to Children or Heirs? appeared first on Anders CPAs.

In today’s reality, what used to be safe bet has become, in an increasingly social world with fewer controls and more pressures to voice opinions, a ticking bomb.

Implementation of KAMs in true spirit will certainly strengthen the faith on Chartered Accountants and also add value to the organization having strong foundation of transparency and corporate governance.

Trademark serves as defence mechanism to protect an MSME’s brand from loss of reputation, retaining a good trustworthy relationship with your existing and potential customers.

The secret sauce behind happy customers is to have happy team members. You cannot create happiness on the outside if your organization is not happy on the inside.

In most cases, employees today spend over fifty per cent of their waking hours at the workplace, and that environment greatly influences their performance.

Raja Jon Vurputoor Chari, an Indian-American US Air Force colonel, is among 11 new NASA graduates who have successfully completed their over two years' of basic astronaut training . Astronaut candidate training included practice, and testing in spacewalking, robotics, International Space Station systems, T-38 jet proficiency, and Russian language.

Register as a delegate with the Indo-American Chamber of Commerce's upcoming conference.

“Our government believes artificial intelligence, in different forms, can help us achieve the $5 trillion benchmark over the next five years, but also help us do it effectively and efficiently,” Goyal said while inaugurating the NSE Knowledge Hub here. The hub is an AI-powered learning ecosystem for the banking, financial services and insurance sector.

Backed by the Reserve Bank of India, it’s an ambitious approach that combines privacy protection with credit reporting: if it works, it could unlock the credit market for millions of Indians while offering new levels of data security and consumer control.

Swaraj said this while chairing a meeting of India Development Foundation of Overseas Indians, a trust established to supplement development efforts.

Most fund houses in India don’t allow NRIs from US and Canada because of the cumbersome compliance requirements under FATCA.

There are no set scripts for leaders to follow in order to sail through this situation. This extraordinary situation has certainly placed some uncommon question like never before to the leaders around the world.

Every situation brings with it an opportunity, and this situation has brought with it a valuable opportunity for upskilling of complete workforce. Leaders can use online tools for imparting valuable training and upskilling to all their employees.

PICU Care of Children with Cancer

Murthy’s long missive about the pay culture in Infosys echoes the pay reforms debate in advanced economies.

India is currently in a sweet spot, with its working-age population expected to grow by a third over the next three decades, at a time when China and Russia will see a fall of over 20% .

Many research studies have shown that large numbers of projects do not achieve their assigned business goals and the failure rate is significantly higher for SMBs.

Making products meet international standards requires ISO Certifications, but getting it is an expensive affair. To get around this, the government provides reimbursement to SMEs seeking ISO 9000/ISO 14001Certification.

Preparation is the key to winning. Having adequate information, ability to influence, and the resources can work as the power to turn the negotiation in one's favor.

Organizations are struggling to implement an immediate crisis response mechanism while exploring long term sustainability solutions to build resilience against future black swan events.

Police should have welfare systems similar to the ones implemented by the armed forces, says Delhi Police Commissioner SN Shrivastava.

Unlike the PPIs that are available now, the new instrument can only be used for making retail payments. You cannot use it to transfer funds to other PPIs, make credit card payments and so on.

The offering of ‘Cardless Cash Withdrawal’ from iMobile enables customers to withdraw cash securely and conveniently for everyday usage and purchases, all from the convenience of their mobile phone. Here is a look at how you can use this facility.

Now all domestic airlines, including government-owned Air India, have announced a waiver on re-booking charges in case a customer does not want to travel on the designated date. Wadia group-owned private carrier GoAir, which was earlier offering free cancellation, has said it will now allow people to only reschedule their flights for no charge.

As the country is staying at home to fight against the coronavirus, investors are adapting themselves to the online way of working with their finances.

The stock market, bond market and other financial markets are feeling the negative effect of coronavirus. ET wealth presents a quiz to help you assess your risk appetite in the current market scenario.

Stores of value are worthwhile only if they can step up and be useful when we need them. Not if they also lose value, freeze up, or get locked when you must access them. In other words, you should be able to liquidate your assets without difficulty should the need arise.

Liquidating assets to pay off debts is recommended only if you find it difficult to pay EMIs.

High costs, poor job prospects and wrangles over work permits are persuading a host of Indian students with foreign degrees to return home.

The non-state lender on its part is not reporting such customers to these institutions.

In official emails to permanent residents who have enquired about the availability of these flights, the high commission has indicated that at this point, the flights are available only to Canadian citizens and their immediate family members who are permanent residents and accompanying them on the flights.

Khanna, 43, is the only Indian-American lawmaker to be named to the White House's Opening Up America Again Congressional Group which comprises Congressmen from both the Republican and the Democratic parties.